# Truist Financial Corporation – Consensus ‘hold’ rating and 6.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/truist-financial-corporation-consensus-hold-rating-and-6.3-upside-potential/4121134775
- Published: 2023-12-01T12:48:16+00:00
- Author: Charlotte Edwards

**Truist Financial Corporation** which can be found using ticker (TFC) have now 
22 confirmed analysts covering the stock with the consensus suggesting a rating 
of ‘hold’. The target price High/Low ranges between $45.00 and $24.00 and has a 
mean target at $34.16. Given that the stocks previous close was at $32.13 this is
indicating there is a potential upside of 6.3%. There is a 50 day moving average
of $29.32 and the 200 moving average now moves to $32.01. The market capitalization
for the company is 42.86B. The stock price is currently at: $32.14 USD

 The potential market cap would be $45,572,345,222 based on the market consensus.

The company has a dividend yield of 3.36%. Other points of data to note are a P/
E ratio of 8.08, revenue per share of $16.46 and a 1.05% return on assets.

Truist Financial Corporation is a financial services company. The Company operates
through its commercial bank subsidiary, Truist Bank (the Bank). The Bank provides
a range of banking and trust services for clients and its digital platform. The 
Company’s segments include Consumer Banking and Wealth, Corporate and Commercial
Banking, and Insurance Holdings. It provides a range of banking services to commercial
and consumer clients, which includes asset management, automobile lending, credit
card lending, consumer finance, home equity lending, insurance, investment brokerage
services, mobile/online banking, payment solutions, retail deposit products, small
business lending and student lending. Its services also include commercial deposit
and treasury services, commercial finance, commercial lending, floor plan lending,
leasing, investment banking and capital markets services, institutional trust services,
international banking, insurance premium finance and supply chain financing.

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